Market Overview

Teleflex Appoints Thomas E. Powell CFO, Reaffirms 2012 Guidance


Teleflex Incorporated (NYSE: TFX) today announced the appointment of Thomas E. Powell, 50, as Senior Vice President and Chief Financial Officer. Mr. Powell, who has served as the CFO of two other publicly traded companies, joined Teleflex in 2011 as Senior Vice President, Global Finance. He replaces Richard (Randy) A. Meier, whose employment with the Company terminated, effective March 9, 2012.

“Tom Powell joined our organization last year as part of our succession planning for key executive positions at Teleflex,” said Benson Smith, Chairman, President and CEO. “His contributions to our recent progress, combined with his background as CFO of two other publicly traded companies, as well as his medical technology industry experience, provide us with a very capable and seasoned executive to lead our finance organization as we implement our growth strategies.”

Prior to joining Teleflex, Mr. Powell served since 2009 as CFO of TomoTherapy Incorporated, which was sold last year to Accuray Incorporated. Previously, he was CFO of Textura Corporation and Executive Vice President, CFO and Treasurer of Midway Games Inc. Mr. Powell has also held leadership positions with Dade Behring, Inc. (now Siemens Healthcare Diagnostics), PepsiCo, Bain & Company, Tenneco Corporation and Arthur Andersen & Company. He earned a MBA from the University of Chicago and a Bachelor's degree in Accounting from Pennsylvania State University.

“Since joining Teleflex last year, I've enjoyed working with the team and am excited about the opportunity to expand my role,” said Mr. Powell. “Teleflex has a well defined plan and strategy for future growth and I am confident in our ability to execute it.”

Teleflex also today reaffirmed its previously provided 2012 constant currency revenue growth and adjusted earnings per share guidance ranges.

Posted-In: News Guidance Management


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